2018 GEL to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 GEL to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the GEL to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 255.2844. Conversely, the yearly low was recorded on January 1, dropping to 218.0599.
This high-to-low spread represents a total annual volatility of 37.2246 CRC. From a start-to-finish perspective, comparing the January average rate of 221.7895 to the December average rate of 224.8081, the exchange rate registered a net change of 1.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 255.2844 was up 3.94% compared to the 2017 peak of 245.5965, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
GEL to CRC Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 230.0452, compared to 234.2619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.2167 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 30.5043 CRC (High: 255.2844 / Low: 224.7802). On the other end, July was the most stable month, with a tight range of 1.3385 CRC (High: 232.6911 / Low: 231.3526).
Growth Streaks & Declines
TrendsBetween August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 16.8153 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 241.6234) against the same month in 2017 (average: 220.3635), the exchange rate shifted by +21.2599 (+9.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 230.9174 | 218.0599 | 221.7895 |
| February | 234.8296 | 228.8954 | 232.2410 |
| March | 233.4739 | 231.2395 | 232.3626 |
| April | 234.3112 | 229.5144 | 232.2257 |
| May | 232.9474 | 228.1739 | 230.6326 |
| June | 231.9757 | 229.7205 | 231.0200 |
| July | 232.6911 | 231.3526 | 231.7532 |
| August | 232.0213 | 228.4123 | 230.0440 |
| September | 239.0384 | 230.7454 | 235.7797 |
| October | 247.9919 | 236.6388 | 241.5630 |
| November | 255.2844 | 224.7802 | 241.6234 |
| December | 226.0167 | 223.1407 | 224.8081 |